International
Game Technology has acquired DoubleDown Casino developer Double Down
Interactive for $500 million, made up of $250 million in cash, $85
million in retention payments for the next two years and a $165 million
earnout payable over the next three years.

DoubleDown Casino
started off in 2010 looking like another pretender to Texas HoldEm
Poker's crown as top casino/gambling-themed game, but rapidly scaled in
2011 to become one of the top games in the genre on Facebook. According
to our AppData traffic tracking service, the game currently enjoys 4.7
million monthly active users and 1.3 million daily active users. The
developer plans to release a mobile version in a matter of weeks. Read
our review of the Facebook version here